Business

Japan Ready to Act on Yen Decline

Japan: Japan affirmed its readiness to take decisive action to curb the yen’s decline, as the currency fluctuated around the 160-yen-per-dollar level, levels that had previously prompted the Japanese authorities to intervene in the foreign exchange ma…

China’s Foreign Trade Expands 16.9% in May 2026

Beijing: China’s foreign trade in yuan-denominated terms grew 16.9% year on year in May 2026. The General Administration of Customs of China (GACC) reported on Tuesday that the total value of goods imports and exports reached 4.45 trillion yuan (about…

Kuwaiti Oil Price Rises by USD 2.42

Kuwait city: The price of Kuwaiti oil increased by USD 2.42, reaching USD 106.24 per barrel in Tuesday’s trading session. This marks a rise from the previous session’s price of USD 103.82 per barrel, as per the latest figures released by the Kuwait Pe…